Page 5 - Active Super News Today

With mergers and consolidation activity at a record high for Australia’s superannuation industry, Money Management rounds up the merger talk in the first half of 2023.

Going into the end of the financial year, adviser movements remain disappointing with a large loss of 46 advisers for the week, according to Wealth Data.

Two industry super funds have frozen future contracts with PwC, while others with contracts for audit or other services with the embattled management consultancy are keeping a watchful eye on developments.

A year on from confirming merger discussions, Active Super and Vision Super have signed a Heads of Agreement and selected the chief executive of the combined fund.

Mark McGowan's deputy Roger Cook will be WA's next premier after shoo-in Health Minister Amber-Jade Sanderson pulled out of the race.

UniSuper has reported that investments across its $77 billion portfolio are more harmful to the environment than previously estimated.

The National Built Environment Rating System (NABERS has released its the Sustainable Portfolio Index (SPI), an annual showcase of the environmental performance of property portfolios in Australia.

Australia's 15 largest super funds have invested a total of more than $25 billion into new and expanding coal, oil and gas projects, new analysis shows.

Fees and government reforms are driving consolidation among Australian retirement funds.

Fees and government reforms are driving consolidation among Australian retirement funds.